DC/AC power conversion apparatus having switchable current paths

A power conversion apparatus includes: DC input terminals for inputting a DC voltage; AC output terminals for outputting an AC voltage; a switching element; a first resonant capacitance connected across the switching element; a first LC resonance circuit that has an inductance and a capacitance connected in series and is connected together with the switching element between the AC output terminals; and a second LC resonance circuit connected in series together with the switching element between the DC input terminals. The second LC resonance circuit includes a first connector portion connected to one DC input terminal and a second connector portion connected to the switching element, and has a first current path, which includes an inductance, and a second current path, which includes a series circuit with an inductance and a capacitance, formed between the first connector portion and the second connector portion.